Student Loans - The next meltdown

Seems to me that the next financial juggernaut that is going to have to be dealt with in the future will be student loans. The amount of student loan debt has never been higher and jobs are limited right now. So how will these ever be paid off?

My question is this...is there any way to exploit/invest in this inevitable credit crunch?

I can't answer your question but the best route to go for college nowadays is STATE SCHOOLS. (And even they are relatively expensive) The private school tuition cost has spiraled out of control... paying $35,000 to $50,000 a year is just crazy.

Also a liberal arts major is a recipe for disaster. Degrees in engineering, medicine, sciences, etc are all still very good and lucrative degrees. Psychology, sociology, history, art, etc... are just asking for debt.

There should be no bailout for student loans, as people have to understand what they are getting themselves into... just like a mortgage on a house. If you can't pay it, why should you have the right to stay?

I can't answer your question but the best route to go for college nowadays is STATE SCHOOLS. (And even they are relatively expensive) The private school tuition cost has spiraled out of control... paying $35,000 to $50,000 a year is just crazy.

Also a liberal arts major is a recipe for disaster. Degrees in engineering, medicine, sciences, etc are all still very good and lucrative degrees. Psychology, sociology, history, art, etc... are just asking for debt.

There should be no bailout for student loans, as people have to understand what they are getting themselves into... just like a mortgage on a house. If you can't pay it, why should you have the right to stay?

I'd like to get in on this too...trillion dollar bubble that will pop up in the next year or two. Why so soon? Students are paying $100s of dollars per credit hour and lucky to land $10/15 hour jobs when they get out...something will have to give.

When I went to a Big 10 school in the late 90s, the out of state tuition costs were around $28,000/year! I'd hate to see what it is today.

The easy bet would be to short the big for profit schools. APOL DVRY and ESI Some of those were already overvalued and have come back to Earth in the past year or two.

If you have student loan debt and you majored in Women's Studies, Ethnic Studies, happy and Lesbo studies you are a useless low life loser and should have to pay in full any amount you took out to pay for such a worthless education.

[Quote: Originally Posted by RexR] I'd like to get in on this too...trillion dollar bubble that will pop up in the next year or two. Why so soon? Students are paying $100s of dollars per credit hour and lucky to land $10/15 hour jobs when they get out...something will have to give.

When I went to a Big 10 school in the late 90s, the out of state tuition costs were around $28,000/year! I'd hate to see what it is today."

Seems to me that the next financial juggernaut that is going to have to be dealt with in the future will be student loans. The amount of student loan debt has never been higher and jobs are limited right now. So how will these ever be paid off?

My question is this...is there any way to exploit/invest in this inevitable credit crunch?

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